Market Overview:
The global FM marine audio players market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for marine audio players from OEMs and aftermarket segments. Additionally, the growing popularity of boating and sailing as leisure activities is also propelling the demand for FM marine audio players globally. The global FM marine audio player market by type is segmented into 2-speaker and 4-speaker systems. The 4-speaker system segment is expected to grow at a higher CAGR than the 2-speaker system segment during the forecast period from 2018 to 2030.
Product Definition:
FM Marine Audio Players are used to play audio files in a boat or ship. They can be used to provide music or other audio content such as weather reports, navigational information, and safety announcements.
2 speakers:
2 speakers are used to power the front and rear speakers in an FM marine audio player. The growth factor for this market is increasing adoption of 2- speaker systems over single speaker systems as they provide better sound quality at a low volume level. In addition, there has been a significant increase in consumer demand for high fidelity music with rich bass effects, which has led to increased sales of 2- speaker systems over the past few years.
4 speakers:
4 speakers and it's usage in FM marine audio players market is a new term that came into existence only recently. It was earlier used for 2 way systems with 3 or more channels but now it has been expanded to include 4 channel systems as well. The basic difference between 2-way and 4-way soundbars is the number of speakers used, i.e.
Application Insights:
OEMs held the largest market share of over 70% in 2017. The use of OEM products by the mariners is considered to be an integral part of their maritime tradition, which dates back from centuries. The use of traditional equipment has been proven beneficial for both crew and captain as it provides a sense of security while at sea. Moreover, many OEMs provide customized FM marine audio players according to customer requirements, which is expected to boost product demand in the aftermarket segment over the forecast period.
The Asia Pacific region is anticipated to witness significant growth owing to increasing offshore oil & gas exploration activities across China, India and Australia among other countries in this region such as Vietnam and Indonesia where energy companies are drilling for oil & gas deposits beneath the surface waters.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. North America has a large number of boating enthusiasts, which has resulted in increased demand for marine audio players over the years. Additionally, increasing penetration of OEMs and aftermarket sales through online as well as offline channels is further fueling growth in this region.
Europe also held a significant share in terms of revenue generation owing to high concentration of recreational boating vessels across countries such as Germany (29%), France (22%) Italy (19%) U.K.
Growth Factors:
- Increasing demand for luxury and recreational boats
- Growing popularity of marine audio players among boat enthusiasts
- Rising disposable income of consumers in developing countries
- Proliferation of digital technologies that have led to the development of advanced marine audio players
- Emergence of new boat manufacturers that are offering innovative marine audio players
Scope Of The Report
Report Attributes
Report Details
Report Title
FM Marine Audio Players Market Research Report
By Type
2 speakers, 4 speakers
By Application
OEM, Aftermarket
By Companies
Wet Sounds, JVCKENWOOD, Harman, Rockford, JL Audio, Sony, Clarion, Fusion, MTX, Pioneer, Kicker, SAS, Maxxsonics, BOSS Audio Systems, Poly-Planar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global FM Marine Audio Players Market Report Segments:
The global FM Marine Audio Players market is segmented on the basis of:
Types
2 speakers, 4 speakers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wet Sounds
- JVCKENWOOD
- Harman
- Rockford
- JL Audio
- Sony
- Clarion
- Fusion
- MTX
- Pioneer
- Kicker
- SAS
- Maxxsonics
- BOSS Audio Systems
- Poly-Planar
Highlights of The FM Marine Audio Players Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2 speakers
- 4 speakers
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the FM Marine Audio Players Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FM Marine Audio Players are a type of portable audio player that can be used to listen to music or podcasts on the go. They typically have a small screen and are designed for use in boats, RVs, and other vehicles.
Some of the major companies in the fm marine audio players market are Wet Sounds, JVCKENWOOD, Harman, Rockford, JL Audio, Sony, Clarion, Fusion, MTX, Pioneer, Kicker, SAS, Maxxsonics, BOSS Audio Systems, Poly-Planar.
The fm marine audio players market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. FM Marine Audio Players Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. FM Marine Audio Players Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. FM Marine Audio Players Market - Supply Chain
4.5. Global FM Marine Audio Players Market Forecast
4.5.1. FM Marine Audio Players Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. FM Marine Audio Players Market Size (000 Units) and Y-o-Y Growth
4.5.3. FM Marine Audio Players Market Absolute $ Opportunity
5. Global FM Marine Audio Players Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. FM Marine Audio Players Market Size and Volume Forecast by Type
5.3.1. 2 speakers
5.3.2. 4 speakers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global FM Marine Audio Players Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. FM Marine Audio Players Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Aftermarket
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global FM Marine Audio Players Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. FM Marine Audio Players Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global FM Marine Audio Players Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. FM Marine Audio Players Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global FM Marine Audio Players Demand Share Forecast, 2019-2026
9. North America FM Marine Audio Players Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America FM Marine Audio Players Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America FM Marine Audio Players Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Aftermarket
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America FM Marine Audio Players Market Size and Volume Forecast by Type
9.7.1. 2 speakers
9.7.2. 4 speakers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America FM Marine Audio Players Demand Share Forecast, 2019-2026
10. Latin America FM Marine Audio Players Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America FM Marine Audio Players Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America FM Marine Audio Players Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Aftermarket
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America FM Marine Audio Players Market Size and Volume Forecast by Type
10.7.1. 2 speakers
10.7.2. 4 speakers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America FM Marine Audio Players Demand Share Forecast, 2019-2026
11. Europe FM Marine Audio Players Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe FM Marine Audio Players Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe FM Marine Audio Players Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Aftermarket
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe FM Marine Audio Players Market Size and Volume Forecast by Type
11.7.1. 2 speakers
11.7.2. 4 speakers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe FM Marine Audio Players Demand Share, 2019-2026
12. Asia Pacific FM Marine Audio Players Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific FM Marine Audio Players Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific FM Marine Audio Players Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Aftermarket
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific FM Marine Audio Players Market Size and Volume Forecast by Type
12.7.1. 2 speakers
12.7.2. 4 speakers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific FM Marine Audio Players Demand Share, 2019-2026
13. Middle East & Africa FM Marine Audio Players Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa FM Marine Audio Players Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa FM Marine Audio Players Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Aftermarket
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa FM Marine Audio Players Market Size and Volume Forecast by Type
13.7.1. 2 speakers
13.7.2. 4 speakers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa FM Marine Audio Players Demand Share, 2019-2026
14. Competition Landscape
14.1. Global FM Marine Audio Players Market: Market Share Analysis
14.2. FM Marine Audio Players Distributors and Customers
14.3. FM Marine Audio Players Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wet Sounds
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. JVCKENWOOD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Harman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rockford
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JL Audio
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sony
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Clarion
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fusion
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MTX
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pioneer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kicker
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SAS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Maxxsonics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BOSS Audio Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Poly-Planar
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
